SWOT Analysis: Factors Affecting Business Performance
Factors Affecting Business Performance
Internal
Innovation in the technology and the response of employees is considered of the most important factor affecting the business environment. In the case of this firm, which is in a way part of the growing IT industry it is necessary to give response to every change in the technology. The employees or the software engineers are not that much trained as the new technology comes and their expertise becomes outdated.
External
The political environment and the legislation of the authorities for IT activities have a great impact on management consultancy businesses. The licensing services and the tax structure changes rapidly whenever new technology is introduced that the business policies and strategy has to be changed. In the case of IT one of the most important factors is the availability of low cost substitutes being offered in the international market.
Assessing the Situation – SWOT Analysis: …show more content…
Yet, Alpha consultants is associated with various NGOs and public sector organizations.
• Alpha consultants can use their IT and Media professionals to explore new IT grounds, provide services to Telecom giants and Entertainment industry. Also they can form collaboration with defense institutes to provide various services.
• As they get projects on usual basis, they need young talent as well as experienced staff. They provide employment opportunities to fresh graduates and experienced jobseekers to get benefit from their energetic minds and use them in project developments by providing economic salaries.
Many of the IT firms from EU are now outsourcing the basic tasks to south Asian countries like India. This can be a good opportunity for Alpha Co to save costs along with efficiency in work. Another opportunity is to establish umbrella brands and other co-brands for different segment of IT
Internal
Innovation in the technology and the response of employees is considered of the most important factor affecting the business environment. In the case of this firm, which is in a way part of the growing IT industry it is necessary to give response to every change in the technology. The employees or the software engineers are not that much trained as the new technology comes and their expertise becomes outdated.
External
The political environment and the legislation of the authorities for IT activities have a great impact on management consultancy businesses. The licensing services and the tax structure changes rapidly whenever new technology is introduced that the business policies and strategy has to be changed. In the case of IT one of the most important factors is the availability of low cost substitutes being offered in the international market.
Assessing the Situation – SWOT Analysis: …show more content…
Yet, Alpha consultants is associated with various NGOs and public sector organizations.
• Alpha consultants can use their IT and Media professionals to explore new IT grounds, provide services to Telecom giants and Entertainment industry. Also they can form collaboration with defense institutes to provide various services.
• As they get projects on usual basis, they need young talent as well as experienced staff. They provide employment opportunities to fresh graduates and experienced jobseekers to get benefit from their energetic minds and use them in project developments by providing economic salaries.
Many of the IT firms from EU are now outsourcing the basic tasks to south Asian countries like India. This can be a good opportunity for Alpha Co to save costs along with efficiency in work. Another opportunity is to establish umbrella brands and other co-brands for different segment of IT